Yandex (YNDX) Announces Acquisition of SPB Software

November 28, 2011 7:05 AM EST
Yandex (Nasdaq: YNDX) announced the acquisition of SPB Software, a leading developer of mobile software with offices in Russia, Taiwan, and Thailand. SPB offers a full suite of mobile solutions including a mobile user interface engine for smartphones and tablets.

With this acquisition, Yandex will start offering a key component for mobile platforms - a user interface configured to integrate the company's key services. This move boosts Yandex's opportunities to partner with the players in the mobile eco-system.


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